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124 N L Street, Lake Worth Beach, FL 33460 (MLS# R2812525)

124 N L Street, Lake Worth Beach, FL 33460

$610,000
Property Type: Commercial Sale Square Footage: 3,050 Status: Closed
Current Price: $610,000 List Date: 5/23/2007 Last Modified: 5/24/2026

Overview

Description

RESORT STYLE PROPERTY,3-SEPARATE BUILDINGS, 4 SPACES AVAILABLE -124,124 1/2, 128 & 128 1/2 NORTH L STREET,WITH 8-ONSITE PARKING SPACES,FURNISHED/POOL/SPA/GYM. 1/2 NORTH OF DOWNTOWN & A 15 MIN. WALK/STROLL TO BEACH.BUILT/REBUILT 11/2004. THIS PRISTINE PROPERTY COMES COMPLETELY FURNISHED & DECORATED,LUSHLY LANDSCAPED/POOL/SPA/GYM/FOUNTAINS. THE PRESENT USE IS EXECUTIVE/VACATION RENTALS FOR APPROX. SIX MONTHS PER YEAR AND A FAMILY COMPOUND FOR SIX MONTHS PER YEAR. THE TWO FRONT BUILDING WERE COMPLETELY RESTORED FROM THE GROUND UP WITH NEW TECHNOLOGY AND THE REAR BUILDING WAS BUILT NEW TO MATCH. THIS PROPERTY WOULD MAKE A BEAUTIFUL PROFFESSIONAL OFFICE/MEDICAL/B&B/BOUTIQUE/DAY SPA ETC. MEETS ADA GUIDELINES. LOT SIZE IS 87.5'X135' OR 11,812 sq.ft.

Listing Details MLS# R2812525

General Property Information

Building Area Main
3050
Year Built
2004
Accessibility Features YN
Yes
Stories
Yes

Property Features

Building Features: Fenced Area; Free Standing; Kitchen Facilities; Laundry Facilities; Manager On Premises; Pool; Private Restroom(s); Public Restroom(s); Rear Access Business Type: Commercial; Medical; Professional/Office; Other Ceiling: Drywall Documents Available: Existing Survey; Inventory; Tax Return; Training Program Flooring: Ceramic Tile; Wood Heating: Central Location of Property: City Location Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Fixtures; Furniture; Inventory; License; Machinery; Trade Name Special Licenses: Occupational Sprinkler Description: City Sprinkler System Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Lot Features: Landscaped Roof: Composition Security Features: Gated - No Guard; Security Fence Sewer: Public Sewer Structure Type: Office Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied

Contract Information

Comp Sale YN
No
Original List Price
699000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
124
Street Direction Prefix
N
Street Name
L
Street Suffix
Street
City Name
Lake Worth Beach
State Or Province
FL
Postal Code
33460
Area
5600
Geographic Area
PB16
Parcel Number
38434421150240060
Zoning
POMF30 C
Directions
1/2 BLK NORTH OF LUCERNE AVE ON L STREET.
Property Description
MIXED USE COMPOUND

Financial Information

Tax Annual Amount
2790
Tax Year
2006
Tax Legal Description
TOWN OF LAKE WORTH LTS 6, 7, 8 & S 1/2 OF LT 9 BLK 24

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y, Miscellaneous: Y, Miscellaneous: Y

More Information

Status Change Information

Major Change Timestamp
2007-09-06T13:58:00Z
Major Change Type
Contingency
Price Change Timestamp
2007-06-20T22:10:00Z
Status Change Date
2007-09-28
Under Contract Date
2007-09-21
Close Date
2007-09-28
Close Price
610000
Buyer Financing
Conventional

Building and Property Details

# Of Tenants
4
# Of Toilets
5
% Air Conditioned
100
Door Height
0-8'
Interior Ceiling Height
0

Distance To Information

Miles to Beach
Yes
Miles to Expressway
2

Meter Information

Number Of Meters Total
5

Income and Expenses

Gross Income
43000
Gross Scheduled Income
80000
Insurance Expense
5984
Maintenance Expense
1023
Other Expense
1030
Supplies Expense
2943
Utilities Expense
5700
Service Expense
0

Description of Unit Type 1

Full Baths
Yes
Furnished
Yes
Seasonal Rent
2800
Off Season Rent
2300
Annual Rent
0

Description of Unit Type 2

Full Baths
2
Furnished
Yes
Seasonal Rent
2400
Off Season Rent
2100
Annual Rent
0

Description of Unit Type 3

Full Baths
Yes
Furnished
Yes
Seasonal Rent
2200
Off Season Rent
2000
Annual Rent
0

Description of Unit Type 4

Full Baths
Yes
Furnished
Yes
Seasonal Rent
2200
Off Season Rent
2000
Annual Rent
0

Price Calculations

Current Price To SqFt
200
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20130215221659009434000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Flooring

Ceramic Tile
Yes
Wood
Yes

Property Condition

Resale
Yes

Documents Available

Existing Survey
Yes
Inventory
Yes
Tax Return
Yes
Training Program
Yes

Structure Type

Office
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Building Features

Fenced Area
Yes
Free Standing
Yes
Kitchen Facilities
Yes
Laundry Facilities
Yes
Manager On Premises
Yes
Pool
Yes
Private Restroom(s)
Yes
Public Restroom(s)
Yes
Rear Access
Yes

Business Type

Commercial
Yes
Medical
Yes
Professional/Office
Yes
Other
Yes

Ceiling

Drywall
Yes

Heating

Central
Yes

Sale Includes

Fixtures
Yes
Furniture
Yes
Inventory
Yes
License
Yes
Machinery
Yes
Trade Name
Yes

Special Licenses

Occupational
Yes

Sprinkler Description

City Sprinkler System
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Landscaped
Yes

Roof

Composition
Yes

Security Features

Gated - No Guard
Yes
Security Fence
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Description of Unit Type 5

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 6

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 7

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Occupied
Yes
Listing Office: Pier Group
IDX
Last Updated: May - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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